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AML Analyst Average Salary in Burkina Faso 2023

How much money does a person working as AML Analyst make in Burkina Faso?

Average Monthly Salary
539,000 XOF
( 6,460,000 XOF yearly)


A person working as AML Analyst in Burkina Faso typically earns around 539,000 XOF per month. Salaries range from 248,000 XOF (lowest) to 856,000 XOF (highest).

This is the average monthly salary including housing, transport, and other benefits. AML Analyst salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

AML Analyst Pay Scale and Salaries in Burkina Faso

Median and salary distribution Burkina Faso AML Analyst monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
511,000 XOF or more
10% of people earn
448,000 to 511,000 XOF
20% of people earn
308,000 XOF or less
65% of people earn
308,000 to 448,000 XOF
Minimum Salary
248,000 XOF
515,000 XOF
856,000 XOF

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

  • Salary Range, Minimum Wage, and Starting Salary

    AML Analyst salaries in Burkina Faso range from 248,000 XOF per month (starting salary) to 856,000 XOF per month (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 515,000 XOF per month, which means that half (50%) of people working as AML Analyst(s) are earning less than 515,000 XOF while the other half are earning more than 515,000 XOF. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of AML Analyst(s) are earning less than 415,000 XOF while 75% of them are earning more than 415,000 XOF. Also from the diagram, 75% of AML Analyst(s) are earning less than 593,000 XOF while 25% are earning more than 593,000 XOF.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 308,000 XOF to 448,000 XOF. Approximatly 20% fall under the 308,000 XOF cap. Ten percent of wages are from 448,000 XOF to 511,000 XOF. Only 5% of people grossed 511,000 XOF or more.

AML Analyst Salary Comparison by Years of Experience

How does experience and age affect your pay?

AML Analyst average salary change by experience in Burkina Faso

0 - 2 Years
281,000 XOF
2 - 5 Years+34%
376,000 XOF
5 - 10 Years+48%
555,000 XOF
10 - 15 Years+22%
677,000 XOF
15 - 20 Years+9%
738,000 XOF
20+ Years+8%
799,000 XOF
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Burkina Faso AML Analyst
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down AML Analyst salaries by experience level and this is what we found.

Employees with less than two years of experience makes approximately 281,000 XOF per month.

While someone with an experience level between two and five years is expected to earn 376,000 XOF per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 555,000 XOF per month, 48% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, AML Analyst whose expertise span anywhere between ten and fifteen years get a salary equivalent to 677,000 XOF per month, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 738,000 XOF per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 799,000 XOF per month, 8% more than people with fifteen to twenty years of experience.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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AML Analyst Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different AML Analyst(s) who have the same experience but different education levels.

AML Analyst average salary difference by education level in Burkina Faso

Certificate or Diploma
321,000 XOF
Bachelor's Degree+57%
503,000 XOF
Master's Degree+68%
844,000 XOF
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Burkina Faso AML Analyst
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down AML Analyst salaries by education level in order to make a comparison.

When the education level is Certificate or Diploma, the average salary is 321,000 XOF per month.

While someone with a Bachelor's Degree gets a salary of 503,000 XOF per month, 57% more than someone having a Certificate or Diploma degree.

People with Master's Degree have an average salary of 844,000 XOF per month, 68% more than someone with a Bachelor's Degree.

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Burkina Faso costs anywhere from 1,660,000 CFA Franc BCEAO(s) to 4,970,000 CFA Franc BCEAO(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender - AML Analyst

Salary comparison by gender Burkina Faso AML Analyst monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male AML Analyst employees in Burkina Faso earn 21% more than their female counterparts on average.

589,000 XOF
488,000 XOF
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Burkina Faso for all Careers

Salary comparison by gender monthly Burkina Faso
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AML Analyst Average Annual Salary Increment Percentage in Burkina Faso

How much are annual salary increments in Burkina Faso for AML Analyst(s)? How often do employees get salary raises?

AML Analyst

AML Analyst(s) in Burkina Faso are likely to observe a salary increase of approximately 9% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Burkina Faso AML Analyst
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Burkina Faso / All Professions

Annual Salary Increment Rate Burkina Faso
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The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Burkina Faso is 2%.

Annual Increment Rate By Industry 2022

Information Technology

Listed above are the average annual increase rates for each industry in Burkina Faso for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

AML Analyst Bonus and Incentive Rates in Burkina Faso

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Burkina Faso AML Analyst
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"AML Analyst" is considered to be a high bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

32% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 68% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

A graphics designer working for a graphics designing company.

A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

AML Analyst Salary Trend and Forecast in Burkina Faso

How are AML Analyst salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
466,000 XOF
Average Salary 2020+4%
483,000 XOF
Average Salary 2021+4%
501,000 XOF
Average Salary 2022+4%
519,000 XOF
Percentage increase and decrease are relative to the previous value

AML Analyst salaries in Burkina Faso are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 4% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

Salary trends and forecast monthly Burkina Faso AML Analyst
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AML Analyst Average Hourly Wage in Burkina Faso

3,110 XOF per hour

The average hourly wage (pay per hour) in Burkina Faso is 3,110 XOF. This means that the average AML Analyst in Burkina Faso earns approximately 3,110 XOF for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for 'AML Analyst' in Burkina Faso is 1,430 XOF. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

AML Analyst VS Other Jobs

539,000 XOF
360,000 XOF
331,000 XOF
Average Salary
AML Analyst
Average Salary
Average Salary
All Jobs

The average salary for AML Analyst is 50% more than that of Banking. Also, Banking salaries are 9% more than those of All Jobs.

Salary Comparison Between AML Analyst and Banking monthly Burkina Faso
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Salary comparison with similar jobs

Job TitleAverage Salary
AML Analyst539,000 XOF+0%
Assistant Bank Branch Manager433,000 XOF-20%
Assistant Bank Manager568,000 XOF+5%
ATM Manager497,000 XOF-8%
ATM Service Technician141,000 XOF-74%
Bank Accounts Analyst196,000 XOF-64%
Bank Accounts Controller244,000 XOF-55%
Bank Accounts Executive375,000 XOF-30%
Bank Accounts Manager450,000 XOF-16%
Bank Auditing Manager427,000 XOF-21%
Bank Branch Manager630,000 XOF+17%
Bank Clerk114,000 XOF-79%
Bank Compliance Specialist322,000 XOF-40%
Bank Manager698,000 XOF+30%
Bank Operational Risk Manager713,000 XOF+32%
Bank Operations Head736,000 XOF+37%
Bank Operations Officer281,000 XOF-48%
Bank Operations Specialist451,000 XOF-16%
Bank Process Manager404,000 XOF-25%
Bank Product Manager 438,000 XOF-19%
Bank Programme Manager472,000 XOF-12%
Bank Project Manager566,000 XOF+5%
Bank Propositions Manager527,000 XOF-2%
Bank Quantitative Analyst368,000 XOF-32%
Bank Regional Manager706,000 XOF+31%
Bank Regional Risk Officer354,000 XOF-34%
Bank Relationship Manager536,000 XOF-0%
Bank Relationship Officer247,000 XOF-54%
Banker240,000 XOF-55%
Banking Business Analyst373,000 XOF-31%
Banking Business Development Officer227,000 XOF-58%
Banking Business Planning Executive521,000 XOF-3%
Banking Product Manager467,000 XOF-13%
Banking Reference Data Manager406,000 XOF-25%
Banking Risk Analyst359,000 XOF-33%
Banking Technical Analyst191,000 XOF-65%
Bankruptcy Coordinator251,000 XOF-53%
Budget Analyst369,000 XOF-31%
Cards Marketing Manager462,000 XOF-14%
Cash Management Manager655,000 XOF+22%
Check Processing Manager453,000 XOF-16%
Commercial Vault Associate346,000 XOF-36%
Corporate Dealer378,000 XOF-30%
Credit Analyst272,000 XOF-49%
Credit and Collections Manager490,000 XOF-9%
Credit Card Fraud Investigator388,000 XOF-28%
Credit Portfolio Manager704,000 XOF+31%
Credit Risk Analyst403,000 XOF-25%
Credit Risk Associate374,000 XOF-31%
Direct Bank Sales Representative249,000 XOF-54%
Financial Bank Planning Consultant449,000 XOF-17%
Financial Banking Analysis Manager554,000 XOF+3%
Financial Banking Assistant168,000 XOF-69%
Financial Banking Systems Manager497,000 XOF-8%
Foreign Exchange Manager550,000 XOF+2%
Fraud Analyst375,000 XOF-30%
Fraud Detection Associate255,000 XOF-53%
Fraud Detection Manager570,000 XOF+6%
Fraud Detection Supervisor319,000 XOF-41%
Internal Bank Audit Manager643,000 XOF+19%
Internal Bank Auditor354,000 XOF-34%
International Banking Manager774,000 XOF+44%
Loan Analyst371,000 XOF-31%
Loan Area Manager440,000 XOF-18%
Loan Audit Team Leader412,000 XOF-24%
Loan Branch Manager422,000 XOF-22%
Loan Business Development Officer213,000 XOF-60%
Loan Clerk129,000 XOF-76%
Loan Collection Manager451,000 XOF-16%
Loan Collector119,000 XOF-78%
Loan Examiner164,000 XOF-70%
Loan Processing Manager380,000 XOF-29%
Loan Processor164,000 XOF-70%
Loan Quality Assurance Auditor382,000 XOF-29%
Loan Quality Assurance Manager398,000 XOF-26%
Loan Quality Assurance Representative274,000 XOF-49%
Loan Review Manager428,000 XOF-21%
Loan Team Leader358,000 XOF-34%
Mortgage Advisor255,000 XOF-53%
Mortgage Collection Manager445,000 XOF-17%
Mortgage Collector116,000 XOF-78%
Mortgage Credit Analyst195,000 XOF-64%
Mortgage Credit Manager425,000 XOF-21%
Mortgage Development Manager456,000 XOF-15%
Mortgage Document Reviewer161,000 XOF-70%
Mortgage Funding Manager493,000 XOF-8%
Mortgage Operations Manager640,000 XOF+19%
Mortgage Payment Processing Clerk146,000 XOF-73%
Mortgage Processing Manager408,000 XOF-24%
Mortgage Processor166,000 XOF-69%
Mortgage Quality Assurance Auditor354,000 XOF-34%
Mortgage Quality Assurance Manager419,000 XOF-22%
Mortgage Servicing Clerk133,000 XOF-75%
Mortgage Servicing Manager394,000 XOF-27%
Mortgage Underwriter162,000 XOF-70%
Online Banking Manager616,000 XOF+14%
Payment Processing Clerk130,000 XOF-76%
Personal Banker276,000 XOF-49%
Personal Banking Advisor 259,000 XOF-52%
Phone Banker170,000 XOF-68%
Private Banker274,000 XOF-49%
Reconciliation and Investigation Specialist313,000 XOF-42%
Teller129,000 XOF-76%
Trade Officer156,000 XOF-71%
Trade Product Manager420,000 XOF-22%
Trader182,000 XOF-66%
Treasury Operations Officer320,000 XOF-41%

Salary Comparison By City

CityAverage Salary
Ouagadougou561,000 XOF

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Burkina Faso earn 10% more than their private sector counterparts on average across all sectors.

Private Sector
321,000 XOF
Public Sector+10%
354,000 XOF
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for AML Analyst in Burkina Faso?

A good and competitive compensation would range anywhere between 515,000 XOF and 593,000 XOF. This is a very rough estimate and your experience and education will play a very huge part into your final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.

Base / Basic Salary

The base salary for AML Analyst in Burkina Faso is ranges from 415,000 XOF to 593,000 XOF. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.

What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

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